Atmanirbhar has its limitations – 7 Nov 2022

You come out with a policy first and then you start the process of rolling it back slowly through a series of trial-and-error steps.

This is what is going on with tenders worth Rs 200 crore as new rules stipulate that they cannot go through the global tender route

Clearly, Indian producers are not in a position to create high value, high-quality oil & gas equipment, for even if they have the capability, the local market is too small, unless these producers have global scale, to make these items at a reasonable cost